Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100, espectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost ormulas are $42 per course and $6 per student. The total cost included in the flexible budget for this expense would be: Multiple Choice O O O $1,012. $912. $812. $760.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...
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Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100,
respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost
formulas are $42 per course and $6 per student. The total cost included in the flexible budget for this expense would be:
Multiple Choice
O
O
C
$1,012.
$912.
$812.
$760.
Transcribed Image Text:Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $42 per course and $6 per student. The total cost included in the flexible budget for this expense would be: Multiple Choice O O C $1,012. $912. $812. $760.
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